The NZDUSD pair managed to touch our first waited target at 0.6365 and settled there, waiting for more rise to head towards 0.6425 that represents our next positive target, supported by the EMA50 that carries the price from below.
Stochastic current negativity hinders the mission to continue the rise, waiting to get positive momentum that assist to push the price to achieve the suggested targets, reminding you that it is important to hold above 0.6290 to continue the current bullish trend.
The expected trading range for today is between 0.6310 support and 0.6410 resistance
The expected trend for today: Bullish
Origin: Economies
